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NewPeak Metals Secures Allaru Vanadium Project, Launches $3M Rights Issue
6:43pm on Sunday 1st of June, 2025 AEST
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Mining
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NewPeak Metals Secures Allaru Vanadium Project, Launches $3M Rights Issue
6:43pm on Sunday 1st of June, 2025 AEST
Key Points
Acquisition of Allaru Vanadium Project with 710 million tonnes inferred resource
Rights issue announced to raise $2–3 million at $0.0165 per share
Ongoing exploration at Treuer Range Uranium-Vanadium Project delayed by weather
Divestment of non-core assets in Finland, Sweden, and New Zealand completed
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